Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
RAES DAMME from Damme, company number BE0431447288, closed financial year 2025 with a result of € -129,624 after tax. For that financial year RAES DAMME recorded a gross margin of € 283,251 and equity of € 117,655. Compared with financial year 2024, the result moved from € -195,403 to € -129,624. The company made a loss. The buffer shrank hard: equity is 52 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 117,655
▼ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -129,624
▲ 34 % less loss than in 2024
Profit after tax over the fiscal year.
€ 277,049
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 99,930.
People and assets in 2025
5
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 369,695
▲ 35% vs 2024
€ 73,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,872
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 615,494
▲ 1% vs 2024
€ 148,496 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 76,223
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,271
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 455,811 | € 388,582 | € 120,799 | € 283,251 | ▲ 134% |
| Profit after taxes | € 127,401 | € 36,281 | € -195,403 | € -129,624 | ▲ € 65,779 |
| Equity | € 942,402 | € 942,682 | € 247,279 | € 117,655 | ▼ 52% |
| Total debts | € 564,357 | € 597,183 | € 756,486 | € 759,866 | |
| Cash | € 624,768 | € 1,069,089 | € 476,024 | € 277,049 | ▼ 42% |
| Land & buildings | - | € 55,066 | € 83,768 | € 92,791 | ▲ 11% |
| Retained profit | € 924,677 | € 924,958 | € 229,554 | € 99,930 | ▼ 56% |
| Dividend | € 0 | € 36,000 | € 500,000 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 611,546 | € 615,494 | ▲ 1% |
| Balance sheet total | € 1,506,759 | € 1,539,865 | € 1,003,765 | € 877,521 | ▼ 13% |
| Employees (FTE) | 4.3 | 4 | 4.3 | 5 | ▲ 0.7 |
Key figures of RAES DAMME, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to RAES DAMME?
What happened at RAES DAMME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 129,624. filed late Source: NBB ↗
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 127,401 profit in 2022 to € 129,624 loss in 2025.
Paid € 59,696 in corporate taxes since 2022.
Best year ever: 2022, with € 127,401 profit.
On average € 56,700 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of RAES OOSTKAMP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RAES DAMMEBehind RAES DAMME are Rita Versieck, Raes Oostkamp BV, Raes Autoconsult BV and Curruscura BV. The shares are held by RAES OOSTKAMP (100%).
Directors
According to the 2025 annual accounts
Rita Versieck
Director
Also active at: RAES BRUGGE, RAES OOSTKAMP, RAES MOTOREN BRUGGE, RAES AUTOSCHADEBEDRIJF, RAES MOTOREN OOSTENDE, RAES MOTOREN
Director · represented by Patrick Raes
Also active at: RAES BRUGGE, RAES MOTOREN BRUGGE, RAES AUTOSCHADEBEDRIJF, RAES MOTOREN OOSTENDE, RAES MOTOREN, Vera Holding
Director · represented by Stijn Raes
Also active at: RAES BRUGGE, RAES OOSTKAMP, RAES MOTOREN BRUGGE, RAES AUTOSCHADEBEDRIJF, RAES MOTOREN OOSTENDE, RAES MOTOREN
Managing director · represented by Nico Raes
Also active at: RAES BRUGGE, RAES OOSTKAMP, RAES MOTOREN BRUGGE, RAES AUTOSCHADEBEDRIJF, RAES MOTOREN OOSTENDE, RAES MOTOREN
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bruggesteenweg 22
8340 Damme
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.447.288
- VAT number
- BE 0431.447.288
- Registered office
- Bruggesteenweg 22, 8340 Damme
- Names & denominations
- RAES DAMME
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 1987
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Verhuur van auto's
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)